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Attention First Time Home Buyers

By
Real Estate Agent with Realty Executives

  Have you been sitting on the sidelines over the past few years watching the dream of owning a new home pass you buy?  Have you wondered how people were buying as prices were going through the roof while incomes were stable?

   You can be glad that you waited as NOW is a great time for you to buy.   In many areas prices have adjusted to what they were in 2005.  There are many more choices of homes available in all price ranges.  Rarely do you have to make a decision to write a offer on the spot.  You can enjoy the luxury of doing research on the home and area before you are locked in.

   Many sellers are looking for any reasonable offer.  Most houses on the market now have sellers that are motivated to sell.  Some may owe more on the home than it's worth.  Banks are working with the sellers of the home to arrange short sales.  This allows the owner to sell the property for less than their loan amount.   With interest rates still holding low your buying power is strong.  There are still many programs for lending to first time buyers that allow for low down payments. 

   Don't forget the advantages of home ownership that include a tax deduction and long term equity growth.  Keep in mind that most of these sellers who are adjusting their prices have owned the home long enough to still be ahead in their investment. 

    It's Your Turn!!  Don't be left behind again!